Recent content by AusTrader84

Well that was an instant 8% turn around at the open. I hope someone capitalised on the fat fingers.

Yeah, I just haven’t seen it happen in a front month contract before. I’ve seen some odd moves on out months before.

Thanks @KevinBB yeah I don’t tend to trade more than one of them at time either, for me the it’s more the correlation between them. It’s unusual to see a big move like because they are usually in lockstep with the full contract. Gave me somewhat of a heart attack as my broker cancelled my stop...

Thanks that does seem like a logical explanation. No doubt triggered a few stops too. volume was 36 contracts in the last couple of minutes which was significantly above the normal volume in that time period.

Does anyone know what happened with the cbot September wheat mini futures (YW/XW) in the last 2 minutes of trade today? Massive 6% spike down just before the close on (high?) volume. No similar move on the corresponding ZW futures.